OPEN-SOURCE SCRIPT

Distance to 200 SMA

This indicator shows the relative distance (in %) from the closing price to the 200 SMA.
distanceSimple Moving Average (SMA)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer